Vivid Ink Graphics to acquire IPC Printing
Vivid Ink Graphics has announced it will acquire IPC Printing, a local firm that has been in operation nearly 48 years.
The planned acquisition, which becomes official July 1, is the fourth in as many years for Vivid Ink, which specializes in large format printing and is the area’s largest supplier of signs and graphic solutions.
Terms of the deal were not disclosed. But IPC Printing’s owner, David Doucet, will join Vivid Ink, as will several of the company’s longtime employees. IPC’s office on 11632 Industriplex Blvd., will close, and the employees and equipment will move into Vivid Ink’s facility at 8640 Airline Hwy., which was recently expanded from 31,000 to 40,000 square feet.
The expansion of the facility came about after Vivid Ink merged with First Graphix in 2016.
While Vivid Ink focuses primarily on large format printing and signs, IPC’s niche has been in offset printing—an increasingly competitive field, given the array of digital DIY options that now exist for corporate users.
The acquisition will benefit both companies, according to Doucet and VIG owner and president Stephen St. Cyr.
“Through this addition we are able to build on the experience of both firms and gain from IPS’s reputation for quality in the Baton Rouge offset market,” St. Cyr says. “This is another step in our goal to be a vibrant participant in local, regional and national graphics markets.”
Vivid Ink expects company revenues this year to top $13.5 million, 50% more than just two years ago. IPC did about $1.4 million in revenues in 2016, he says.